Growthpoint Interactive Half Year Report 2019
Financial Management Financial Report Additional Information Portfolio Review Business Overview Growth in distributions (R¢) per share, as at 30 June 2018 FY16 183.8 FY17 195.8 FY18 208.6 FY14 161.3 FY15 173.3 Growth in tangible assets and market capitalisation (Rbn) as at 30 June 2018 Tangible Assets Market Cap FY16 71.5 116.1 FY17 70.7 122.3 FY15 71.5 103.8 FY14 56.5 82.0 FY18 79.3 135.1 About Growthpoint South Africa. Growthpoint Properties Limited of South Africa (“GRT”) owns 66.0% of the securities of Growthpoint (at 30 June 2018) and is its major Securityholder. Other information about GRT t t Included in the JSE Top 40 Index t t Top ten constituent of FTSE EPRA / NAREIT Emerging Index t t Included in the FTSE/JSE Responsible Investment Index, FTSE4Good Index and the Dow Jones Sustainability Index t t Underpinned by high-quality, physical property assets, diversified across sectors (Retail, Office and Industrial) and geography (South Africa, Australia, Poland and Romania) t t 15-year track record of uninterrupted dividend growth Gross assets (R) 1 $ 132.9 bn (AUD: $13.1bn) Gearing (SA only) 35.4 % Market capitalisation (R) 1 $ 79.3 bn (AUD: $7.8bn) Listing JSE Ranking on JSE (by market cap) 23 Net assets 1 R83.2bn / AU$8.2bn Distributable income 2 R6.1bn / AU$612m ICR (SA only) 3.6x No. of employees (SA only) 610 Properties 3 549 1. Closing exchange rate used AUD:ZAR=10.16. 2. For the 12 month period using an average exchange rate of R9.97/AUD. 3. 455 properties in South Africa, including 50% ownership of the prestigious V&A Waterfront. 47 Properties in Eastern Europe, 20 in Romania and 27 in Poland, through its 29% holding of AIM listed Globalworth Real Estate Investments Ltd and its 21.6% holding of Warsaw listed Globalworth Poland Real Estate N.V. t t Sustainable quality of earnings that can be projected with a high degree of accuracy t t Well capitalised and conservatively geared t t Best Practice corporate governance t t Transparent reporting t t Dynamic and proven management track record t t Recipient of multiple sustainability, governance and reporting awards t t Baa3 global scale rating from Moody’s As of 30 June 2018 Growthpoint represents: t t 18.2% of GRT’s gross property assets t t 16.6% of GRT’s net property income t t 14.2% of GRT’s total distributable income Growthpoint Properties Australia | 2019 Half Year Report 53
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